Surname2 Executive summary.........................................................................................................................3 Introduction......................................................................................................................................3 Three Aspects of Corporate Culture in the Tesla Company............................................................4 Clear mission and vision statement..............................................................................................4 Constant innovation.....................................................................................................................5 Firm communication channel.......................................................................................................5 Conclusion.......................................................................................................................................6 Works Cited.....................................................................................................................................7
Surname3 Organizational Culture on Tesla Company Executive summary Organizational culture remains to be the set of different beliefs that the organization holds and influences its aspects of operations. In the process of commencing a business or administering the existing business, the culture that organization posse is vital to the overall achievement of the company. Different element has been recorded by various researchers to be an influential corporate culture within Tesla Company. This paper illustrates how organizational culture of Tesla Company creates competence of human resources significant for innovative products with the international business of automotive. Customs and values are the major factors that the corporate culture of the company represents to define the decisions and behaviors of employees. This research paper examines different aspects of organizational culture that make Tesla Corporation stay as an admired corporation in the global business community. Hence, this paper illustrates that Tesla Inc.'s corporate culture integrates into critical aspects. Introduction The culture of the corporation, such as Tesla, comprises of different elements that include beliefs, values, attitudes and behaviors that different workers share as well as utilize on day-to- day operations. The culture of Tesla Company determines how workers describe the functioning of the company, how they understand its business, and how they see themselves as a vital part of the activities of the Tesla Company (Vynakov, Savolova, and Skrynnyk 67). This research paper examines three fundamental aspects of organizational culture that make Tesla Company to be an admired organization.
Surname4 Three Aspects of Corporate Culture in the Tesla Company Corporate culture has remained to be admired following the appropriate establishment of different organizational cultures in its services. The organization encourages its workers to focus on innovation to support the constant enhancement of the business. Through proper corporate culture, Tesla Inc.’s administration optimizes workers to attain innovation together with creative traits (Tikhomirova 7). The fundamental aspects of organizational culture that has enabled Tesla Inc. to be admired comprise of constant innovation, secure communication channel, and clear mission statement and vision. Figure1- Showing different aspects of Corporate Culture within Tesla Inc. Retrieved FromTikhomirova (7) Clear mission and vision statement The establishment of a clear mission, vision, and purpose has been one of the vital factors that have made Tesla Inc. to remain admired by many around the global society. Tesla Inc. has been able to have a clear mission and vision statement that every stakeholder within its operations understands, leading to strong admiration of its services by society (Jenčová, Litavcová, and Vasanicova 436). For instance, Elon Musk wrote in 2013 that the goal of Tesla Company during its establishment a decade ago was the same as it is presently. Tesla has aimed
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Surname5 to enhance the initiation of sustainable transportation through the idea of conveying convincing mass marketplace of electric vehicles to sell immediately (Bruijl 41). Besides, the company incorporates the firm focus on different issues of global significance, such as sustainable transportation, mitigating change in climate, shifting to autonomous technology, and promoting renewable energy capturing and storage. All these factors make the company to be admired by different people. Constant innovation Innovation remains to be at the center of operations of Tesla Inc. The innovative aspect of organizational culture within the company concentrates on the permanent nature of change in its transactions. For instance, Tesla Inc. has continued with ideas of researching and developing different solutions that enhance existing design products meant for energy storage (Pufal 32). The innovation has enabled the company to develop cutting-edge electric vehicles as well as related products that attain the desires of customers. Continuous competitive within Tesla Inc. has made the company to maintain the competitive merit vital to address the firm force of industry contest. Therefore, constant innovation has enabled the company to be admired by many as it helps in the development of different products that meet different needs of society. Firm communication channel Unlike different firms, Tesla Inc. has invested funds in improving its communication channels with its workers and customers. In 2014, Tesla started making their patents open to any individual that might be interested in putting them to the application through communication by allowing different fans and enthusiasts globally the glimpse into their techniques (Wunsch 20). Additionally, reliable communication channels make executives of Tesla Company interact with
Surname6 lower-level employees and vice versa freely. The present of excellent communication between stakeholders always makes the company to avoid cases of conflict as workers operate through issues that might affect their operations. The transparency in the functioning of Tesla through appropriate communication has made several individuals around the global society admire it. Conclusion It is appropriate to record that organizational culture often remains to be the driver of different actions. Besides, corporate culture is the driver for different decisions and ultimately the overall performance of any company like Tesla Inc., as illustrated above. Some of these aspects that make Tesla company to be admired include the stable process of communication, respect for workers and customers, clear mission statement and vision, superior performance in automotive operations, integrity, teamwork, and being accountable, among other aspects.
Surname7 Works Cited Bruijl, Gerard H. Th. "Tesla Motors, Inc.: Driving Digital Transformation And The Digital Ecosystem".SSRN Electronic Journal, vol 1, 2017, pp. 30-78.Elsevier BV, doi:10.2139/ssrn.3053142. Jenčová, S., Litavcová, E., and Vasanicova, P."Financial Indicators Of The Company From Electro-Technical Industry: The Case Study Of Tesla, Inc.".Serbian Journal Of Management, vol 14, no. 2, 2019,pp. 430-458.Centre For Evaluation In Education And Science (CEON/CEES), doi:10.5937/sjm14-15692. Pufal, Nathália. "Sustainability And Innovation Capabilities In An Innovation Award Winner Company".Journal Of Business Administration Research, vol 2, no. 1, 2019, pp. 4-54. Bilingual Publishing Co., doi:10.30564/jbar.v2i1.434. Tikhomirova, Svetlana Vitalievna. "Company Mission Role In Organizational Culture Of Large Company During Digital Transformation".Penza Psychological Newsletter, vol 1, 2018, pp. 1-21.Penza Psychological Newsletter, doi:10.17689/psy-2018.2.8. Vynakov, O., Savolova, E., & Skrynnyk, A."Modern Electric Cars Of Tesla Motors Company". Automation Of Technological And Business Processes, vol 8, no. 2, 2016,pp. 65-98. Odessa National Academy Of Food Technologies, doi:10.15673/atbp.v8i2.162. Wunsch, A. David. "The Truth About Tesla: The Myth Of The Lone Genius In The History Of Innovation [Book Reviews]".IEEE Technology And Society Magazine, vol 36, no. 2,
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